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Bitcoin risks worst October in 12 years as tech sell-off spreads to gold

Picture: Cointelegraph

Bitcoin circled $77,000 as crypto markets navigated US stock-market downside, while the gold price fell to its lowest in a year. Bitcoin (BTC) stayed under pressure below $80,000 at Friday’s Wall Street open as AI fears returned to intensify a broader risk-asset rout. Data from TradingView showed BTC/USD down 1.1% on the day after dropping to its lowest levels since Sept. 18. US stock markets opened sharply lower as traders reacted to weak forward guidance from tech giants.

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